by David Zeiler
Bitcoin prices plunged this week on reports that the People's Bank of China (PBOC) was planning to block banks from providing accounts to Bitcoin-based businesses.
The CoinDesk Bitcoin Price Index dropped from about $585 on Wednesday to as low as $477 on Thursday, though by Friday Bitcoin prices were hovering around the $500 level.
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How to find the best stocks to buy can be challenging, as stock investment trends seem to evolve at light speed. We're going to have a look at one of latest, hottest trends to illustrate how to find the best stocks. Considering the last 12 months of stocks’ evolution, some of the most promising stocks […]
by David Zeiler
Several surprising developments this week deepened the mystery of where the Mt. Gox bitcoins are.
Much of the Mt. Gox-related Bitcoin news this week has contradicted official statements from the bankrupt exchange and Mt. Gox Chief Executive Officer Mark Karpeles about how the bitcoins were stolen.
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by Tara Clarke
Over the past five-plus years of a near-zero interest rate environment, dividend-paying stocks – especially high dividend stocks – have been an attractive option for investors. But rising rates on the horizon necessarily change dividend stocks' favor in investors' portfolios.
Earlier this month, the Federal Open Market Committee (FOMC) met and decided to alter language on when the Fed would start to consider an increase in interest rates. The new language provides the central bank with greater discretion to implement a rate increase, i.e. regardless of the national unemployment rate, which sits today at 6.5%.
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Investors looking for opportunities to grow their portfolios would do well to consider investing in the best natural gas stocks. This is due, in large part, to legislation being discussed in the committee and subcommittee levels in Congress this week that would give approval to pending applications on file to export natural gas. Increasing U.S. […]
by Diane Alter
U.S. stocks opened higher Friday, with all three major benchmarks comfortably in the green right out of the gate.
As has been the case over the last several Fridays, initial public offerings (IPOs) dominated market news, with six companies debuting today.
The broader markets were up and down all week, but investors who were in on this week's top penny stocks brought home gains as high as 64% in just five days.
Through Friday afternoon, the Dow Jones Industrial Average was up just 0.3% on the week, the S&P 500 was down 0.4%, and the Nasdaq had dipped 2.4% on the week.
That's why many investors turn to penny stocks. There is always the potential of landing a major windfall when picking up inexpensive stocks, even when the broader markets are underperforming.
Here are this week's top penny stocks...
The Alibaba IPO is officially coming to the United States in 2014, and the deal is expected to raise as much as $15 billion for China's largest e-commerce company.
A Reuters report in February polled eight analysts who estimated that Alibaba could reach a valuation of $140 billion.
Naturally, investors want in on the Alibaba IPO, which is likely to be one of the largest IPOs in U.S. history. Those who are able to get their hands on shares of Alibaba before it goes public stand to make quite a profit.
But no one will be profiting quite like this company...
by Shah Gilani
Last week the Dow fell 200 points when Federal Reserve Chair Janet Yellen dared to suggest a timetable for raising interest rates.
But then it recovered and ended down only 114 points on the day.
by Shah Gilani
Listen folks, I hate to tell you this but your chance for a comfortable retirement is falling fast!
Of course, we already know pension plans have been raided, depleted, and "financially engineered" – against the laws that were supposed to protect you.
And if you think you're protected because you're a union worker, or municipal worker, or in some other job that you figured you'd put up with because you could retire well… well, those "protection" plans are all under attack, too.
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